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tv   Mornings With Maria Bartiromo  FOX Business  September 22, 2020 6:00am-9:00am EDT

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said the president of the united states. thanks for being with us tomorrow evening. vice president mike pence, our special guest tomorrow. a reminder to follow me own twitter at lou dobbs. maria: welcome and good tuesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is tuesday, september 22nd. your top stories, 6:00 a.m. on the east coast. the battle over the nation's highest court, president trump meeting with his top pick to fill justice ruth bader ginsburg's seat. senate republicans say they have the votes, as democrats claim the gop has no right to fill the seat. white house chief of staff mark meadows is here live at 8:30 a.m. eastern to discuss, this as we are now 42 full days until election day. both candidates hitting up key battleground states now. markets pointing to a mixed opening after yesterday's sharp
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selloff. the dow industrials down 36 points, nasdaq up 61 and s&p higher by 3 and a quarter. this as we await testimony from treasury secretary steven mnuchin and federal reserve chairman jay powell today, both on capitol hill later today. this follows a huge selloff yesterday sparked by an open supreme court seat and impact of it on the ledge kellyanne conway slalegislative agenda.dow indusn 500 points, nasdaq lower by 14 and s&p lower by 38. the state of our cities, the department of justice naming three major cities anarchist jurisdictions that could lose federal funding due to ongoing unrest. rudy giuliani is back with us with his take on all of this. then, fine on the field, nfl handing out massive fines for mask violations, all the numbers coming up this morning. women and wellness, how some are expanding business while keeping their cool in the era of
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coronavirus. super model kathy ireland is here with lifestyle tips you don't want to yo miss. "mornings with maria" is live right now. global markets this morning look like this, we have a mixed story and you see the european indices higher across the board, fq100 up 18, cac up 9 and dax higher by 116 points right now, almost 1%. the u.k. mulling another lockdown as covid cases spike in britain. bars there will close early and more people are encouraged to work from home. in asia overnight, red across the board. take a look at the losses, markets dragged by lockdown fears and global banking selloff, japan was closed overnight for a holiday, the kospi index down better than 2% and the shanghai down 1 and a quarter percent. some of the top stories we're watching this morning right now. president trump slamming joe biden's record on job creation during a rally in dayton, ohio yesterday, accusing him of
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selling out american workers. >> with every decision joe biden twisted a knife into the hands and heart of the american worker but these you brutal betrayals ended the day i took the oath of office. that's true. maria: meanwhile, biden is accusing the president of being a park avenue elite. watch this. >> basically all he can he see is wall street. do you think wall street built this country? well, let me tell you. you think that donald trump as donald trump does, that handing out a $101.5 trillion tax give-away, primarily for large corporations and wealthy qualifiers is an economic plan. you think like trump that $15 an hour is too much for america's essential workers. maria: president trump set to make a campaign stop in pittsburgh later today. meanwhile, the nation set to honor supreme court justice ruth
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bader ginsburg who will lie in repose at the supreme court tomorrow and on thursday. she will be the first woman to lie in repose there and on capitol hill. this as the battle over her successor reaches a fever pitch in washington. president trump meeting with judge amy coney barrett yesterday. the president said he will announce his pick to fill ginsburg's seat by saturday. the center for disease control facing questions after it decided to remove the guidelines posted on friday that said that the covid-19 virus can be transmitted through particles that linger in the air. the agency now says the guideline was posted in error after an early draft of a proposed change was suggested. the cdc stressed while it's possible this type of transmission can occur, close contact is still the primary way covid is spread. china unlikely to approve the current deal for oracle and a walmart to acquire a stake in
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tiktok according to a state backed newspaper in china, in the editorial the global times reports that the deal hurts china's national security interests and dignity. the deal would have oracle become responsible for hosting all u.s. user data. inside oracle, sources tell me while bytedance currently owns 80% of the transaction, that number drops to 53% and after an ipo the chinese ownership is expected to drop to the 30 of% range. markets are mixed. take a look at futures, we have weakness for the dow industrials. the nasdaq is strong, up 63 points right now, two-thirds of 1%. concerns about a second wave of coronavirus, uncertainty on capitol hill slammed stocks yesterday with the s&p and nasdaq seeing a fourth day of losses, marking the longest losing streak in seven months. joining me now is point bridge finder and ceo, the creator of the maga etf, hal lambert.
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great to see you. thanks for being here. joining the conversation this morning, fox business' dagen mcdowell and pollster and the president of maslansky and partners, lee carter. great to see you ladies, thank you for being here. hal, we want to kick it off with you. let me get your take on the impact of this vacancy on the supreme court. a lot of wall street notes yesterday talking about lots of questionable results now of a legislative yo agenda. how does this impact business and finance from your standpoint? >> well, i think it makes it difficult the to get that stimulus package done. you know, the other thing they've got to do is the continuing resolution. i think that will happen. that's got to happen, obviously, to fund the government. that's going to be the number one priority over the stimulus package at this point. i think the supreme court nomination is going to take all the oxygen out. again, i don't know that democrats really want a deal on a stimulus package right before the election.
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i think they would rather just let people wait it out and, look, their view right now is the ends justify the means. you can hear it in their tone, you can hear it in their words. i think if people get laid off, we're talking about the airlines with more layoffs, i think they would view six weeks of layoff as worth it if they can get president trump from being reelected. i don't see a stimulus going through. maria: i think that's why the markets were so weak yesterday. wall street analysts were trying to model portfolios and model expectations for the rest of the year but it's all up in arms and a real uncertainty now with an open supreme court seat and most people said to me yesterday, forget about a cares 2 act. i think they didn't want a stimulus package before this. now it's really dead in the water. >> i totally agree. and so right now i think the number one driver of the markets from here is going to be the election and whether president trump can pull this out. if it looks like kind of
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mid-october that it's breaking his way, i think you could see the markets rally off of that and the supreme court nomination is part of that calculus. so if the republicans can get a supreme court nominee through the process, i think it helps them. it helped them -- look, this helped the republicans in 2016 with scalia's seat. i think it helps republicans more than democrats here. maria: yeah. i think you're spot on on that. i don't think that the markets would be near record high ifs there wasn't a belief that he would continue these policies, that is president trump. although we're seeing some real volatility now. tell me about your etf, you call it maga etf, make america great again. what are the sectors you believe will outperform? is that what this maga etf is, the sectors you believe will outperform under a trump presidency, second term. >> this etf is the alternative that's out there for the other esg type investments that are
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really driven by far left policies. this is an alternative for conservative investors to invest in companies that are supporting republicans to get elected to federal office, republicans in congress as well as president trump. this is a way for investors to put their money behind companies in the s&p 500, you have to be an s&p 500 company that are trying to get republicans elected versus, say, nancy pelosi elected. that's what this is really about. the number one -- yeah. maria: yeah, go ahead. and you predict -- >> the number one sector is industries. maria: you think airlines, restaurants, hotels will bounce back once there's a vaccine. >> i do think that. i think if you look out right now, the number one driver of the market as everybody knows has been about five or six stocks in the tech space. if you look at the other 495 stocks in the s&p 500, as far as july 31st, they were negative on average versus the other stocks, up 35%. so i think there's going to have to be some other leadership in the market. if people want to play the
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vaccine which it looks like we're going to get one here, the stocks that lagged that ought to benefit the most on this are airline stocks as well as restaurants, hotels, even companies like hca that do elective surgeries, those types of stocks have lagged. as we get that vaccine in, i think it's really going to help, looking out six months from now on those sectors. maria: all right. hal, great to have you on the program this morning. thank you, sir. we will keep watching. the morning mover, check it out. tesla, the electric car maker holding the annual shareholder meeting today. the stock is under pressure going into those events as elon musk said new improved batteries are unlikely to be mass produced until 2022. tesla shares right now down better than 4%. we're just getting started. coming up, we will have the top stories investors are watching this morning with the word on wall street. don't miss it. former new york city mayor rudy giuliani is here to talk about the new labeling of new york
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city as an anarchist jurisdiction. in the 8:00 hour i'll speak with kevin mccarthy, he will lay out the legislative agenda along with white house chief of staff mark meadows on the battle over the supreme court and the open seat. plus, a programming note, my exclusive interview with the chairman of oracle, larry ellison, on his company's potential blockbuster deal with tiktok, it all happens tomorrow in the 7:00 a.m. hour, don't miss my exclusive with larry ellison. you are watching "mornings with maria" live on fox business. ♪ still your best friend.
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maria: welcome back. replacing ruth bader ginsburg, senate majority leader mitch mcconnell secured gop votes to move ahead with a replacement for the late supreme court
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justice. house speaker nancy pelosi says she will not rule out using impeachment to halt a potential vote over the weekend. president trump welcomed the challenge during a campaign rally in ohio. watch. >> now they want to impeach me again if i nominate somebody as i'm constitutionally obligated to do, to serve on the supreme court of the united states. go ahead. i want them to do that. i'm the only guy in the world that could get impeached for trying to fill a seat in the supreme court. maria: president trump says that he will reveal his pick by friday or saturday this week. joining me now is writer at the federalist, emmy dashinski and former national security official, michael anton. let me get your take in terms of the president's obligation to name a replacement and whether or not the democrats have a case here in terms of saying that
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they'll move to impeach. >> right. i don't think they have a case on impeachment in terms of principle or in terms of politics. it will be kind of fascinating to see if they learned their lesson from the entire impeachment fiasco earlier in this presidency. the lesson that they should have learned is that there were excesses of their anti-trump obsession, but i haven't seen them learn a lot of lessons over the course of his presidency from their errors, which they have made. so i don't think they have a good argument in terms of politics or in terms of policy. something that scares the living day light ows o out of me, we're looking at a possible bush v gore situation again where we'll need the court to make an important and urgent decision after the election and it should be operating at full capacity. i think when the president uses language like his obligation to fill the vacancy, that really works with voters. so i don't think on either the principle or the policy level
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this is a good argument for the democratic party. maria: it's just incredible, michael, because we know how close the polls are and if we were to have a contested election, what happens then? who is the ninth voice? what happens? >> the ninth voice will either get confirmed before this election or not. another not much talked about power -- i personally hope the president names a strong nominee and the senate acts on it and the senate has been speaking confidently they have the votes and they can get it done before the election. if they don't, the president has the constitutional power if the senate goes into recess to make a recess appointment to the court to ensure a nine member court in the post election scenario, to make this ruling. that recess appointment would last until the end of the next session, which would be late next year and/or until the next president, whether that's donald trump reelected or joe biden replaces the justice. one way or another, this president has the constitutional
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power to appoint another justice of the supreme court and ensure a nine member court for whatever post election scenario unfolds. maria: well, of course. the latest polls from politico morning consult and reuters both show a majority of voters support waiting until after the election to pick a supreme court nominee, michael whavment do you -- what do you think that says. >> whether the polls are accurate or not. we've seen in recent years polling not being super accurate. the polls that matter are elections. the last two elections are 2018, voters returned republican control to the senate. 2016, voters elected donald trump to be president of the united states. those are the two most recent elections. they give the executive branch to a republican to appoint constitutionalist supreme court justices and they deliver to the senate to republicans to confirm
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constitutionalist supreme court justices. the last two elections show the voters want the republican party to make supreme court appointments and confirm them. maria: that's a very good point. it's an important one that is not the way we govern. what about governing right now, emily? there's a fight over government funding, this is another issue. that's why markets reacting the way they did yesterday. house democrats are prepared to introduce a short-term spending bill to keep the government open through december 11. it doesn't include a white house request for farm aid or additional school lunch assistance. senate majority leader mitch mcconnell calling the bill, quote, shameful. does anything get done in the face of the absence on the supreme court? will we be able to avoid a shutdown? end of the month is the deadline. >> i think we will be able to avoid a shutdown. it's such a shame we have to go through this every time, every fall, every time we need to get legislative passed by deadlines in terms of funding because they just play politics with it. nobody can agree on any of of it.
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we end up funding the government that leaves us further in debt for decades and decades to come. the fights are so ridiculous, it's so exhausting. i think if the american people were here in washington, d.c. and saw what was happening behind the scenes they would be more exhausted by the entire process. i think we can expect a deal to be made on this. i think both parties are eager to move onto the confirmation battle and to move onthe election in general and maybe that's not everybody's job in the house and senate but there's a lot that goes on for the lawmakers during election season, whether that's campaigning or whether that's spreading their party's message. i think both parties want to move on and they will come to a deal on this. maria: you would think so. emily and michael, great to see you both. thank you so much. we'll keep following it. stay with us. we'll be right back with a lot more. give you my world ♪
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maria: welcome back. tiktok uncertainties, a proposal over the weekend which the president blessed giving oracle and walmart a minority stake in the u.s. operations of popular app tiktok, inside oracle sources tell me while bytedance currently owns 80%, after the transaction that drops to 53%, and after a planned ipo the chinese ownership is expected to drop to about the 30s range percent. president trump talked about the deal yesterday in ongoing negotiations. take a look. >> if we can save it, we'll save it. if we can't, we'll cut it off. they have a preliminary -- we'll see what they can do. we have to have total security. that's the only thing. very important. we have to have total security. maria: that is the worry that user data of american users of tiktok will go to the chinese
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communist party and we're not sure what they'll do with it. dagen, we'll see if there could actually be security of user data here. but it is questionable, a lot of people are wondering how they're going to pull this off if a chinese company is still an ownership of this, even if it's down to 30%. dagen: the deal looks like a mess. what's the point of doing it? at the end of the day, if you can't guarantee that the u.s. user data stays out of the hands of the chinese communist party. if you read the long wall street journal article about how the deal was put together, there's no m&a deal like it ever, maybe. at the last minute, they offered up -- oracle and walmart -- a thinly -- quote, thinly sketched out plan to create $5 billion education fund as a gesture to placate president trump. i don't know how this shakes out. but if you threaten to ban it and you can't come up with a deal that ultimately guarantees
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the safety of user data here, what's the point of it? maria: yeah. no, i spoke with larry ellison this week and the education part of it is an opportunity to look for other uses of tiktok and one use they came up with is using tiktok technology as an education tool. so that perhaps they could do tiktok videos of teaching history. they're also talk about using tiktok for other uses as far as body cams for police. this is an oracle safety system where they give it to police and run the data and store the data. so again, oracle is trying to come up with as many positive as they can to prove that this deal should go forth. but the big worry as we've seen so many times is that china ends up getting user data and uses it in ways that we don't want. china is hesitating to release a black list of u.s. companies. some chinese leaders are a
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arguing that a final decision on the list should wait until after the election this november. the so-called unreliable entity list was first established in 2019 after the u.s. restricted huawei's access to u.s. gear. interestingly -- interesting, lee, that they want to hold the list back until after the election because it's clear that donald trump treats china differently than joe biden might treat china. lee: it's very interesting that they want to withhold it. it's very interesting that we're talking about it right now. clearly, they have an interest in the outcome of this, this election. so i think they're trying to continue kerr here. i think the -- tinker here. another thing to look at with the tiktok deal is trying to understand why walmart is at play here. i think the thing that's sofas nateing about -- so fascinating with walmart right now, look at what they're trying to do to get in data and to understand the algorithm to get content in front of the right
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people at the right time. walmart is interesting to watch. maria: don't miss my interview with the chairman of oracle this week, larry ellison is here exclusive on the company's potential block bus tie blockbuh tiktok. he'll talk about national security, talk about china and what the opportunity is with tiktok. he will join me exclusive tomorrow at 7:00 a.m. eastern. don't miss it. we'll be right back. that's what my dad does. good job, michael! ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried. wow! mommy, so what is it that you do? i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures. makes it beautiful. state-of-the-art technology makes it brilliant.
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maria: welcome back. good tuesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is tuesday, september 22nd. let's take a look at markets this morning, 6:31 a.m. on the east coast. dow industrials extending yesterday's losses, down another 21 points, off of the lows this morning. the nasdaq is up 88 points, that's the high of the morning for the nasdaq. the s&p is up 6 and three quarters point. this as we await testimony this morning from treasury secretary steven mnuchin and federal reserve chairman jay powell, both will be on capitol hill
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later today. this follows a huge selloff yesterday. it was sparked by the open supreme court seat and the impact on the legislative agenda. lockdown fears and now uncertainty around a stimulus deal persisting. the dow industrials yesterday down 510 points, the nasdaq was down 14, the s&p was lower by 38. check european markets this morning, the u.k. mulling another lockdown this morning. as covid cases spike there. bars there will close early and more people are encouraged to work from home. the fq100 is up 20 points, the cac is up 21 and the dax index in germany is higher by 137. in asia red across the board on the heels of the selloff on wall street. japan was closed overnight. the other major indices down between 1% and 2 and a third percent. tropical storm beta making landfall on the upper texas coast. cheryl casone with the details now. cheryl: tropical storm beta unleashing heavy rain and
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massive flooding, stranded drivers forced to leave cars submerged in water. parts of texas and louisiana could see more than a foot of rain. there's a record set back in 1916. meanwhile, hurricane teddy is causing life threatening ripcurrents along the east coast as that storm heads north, up to canada. well, x-box expanding its gaming empire, microsoft is going to acquire gaming giant, bethesda software's parent company for $7.5 billion in cash. that company responsible for popular titles such as fallout, zoom and the elder school series. that deal coming shortly after microsoft announced its two new consoles, the x-box series x and x-box series s which will launch on november 10th. microsoft said it will be motivated to make the deal thanks to the growing cloud gaming service, that's got 15
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15 million users. the nfl throwing a penalty flag at three head coaches for not wearing face masks. espn reports that denver's coach, and seattle's, and san francisco's each hit with a $100,000 fine. the teams were fined an additional 250 grand. more fines could be coming. three other coaches were seen over the weekend breaking the league's mask protocol. those are your headlines. back to you. maria: wow. well, they mean business. cheryl, thank you. there are disagreements between tiktok and its potential u.s. partners over ownership. that could upend the deal. sources told me the transaction is complete. bytedance's 80% goes down to 53%, then after an ipo the ownership of china drops to around 30%. that may be what's upsetting the chinese. joining me now is general jack keane. it's great to see you as always. love talking with you about this very important subject.
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i don't understand how this goes through without seeing national security risks. i did speak with larry ellison this week. i'm going to speak with him again as we've been promoting. he will be my exclusive guest tomorrow. he will explain it further. what's your take on whether or not we could see a deal materialize and not have an issue of national security issues around the chinese communist party. >> from the beginning, we've always had some concerns about it. my concerns started to ease when people were talking about we would own this company. i thought that's the path he with were heading on, that the chinese would not have their hands in it. it appears that the final deal with leave them with their hands in it and i think that gives everybody some concern. is there a way they can access the user data that we're all so concerned about. you know, it's a complicated deal for sure because we've got the government in the middle of it which makes it very unusual.
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my thought on this is i would recommend that, to the administration, before they go forward, put a panel together and make the panel i.t. experts and national security folks. i'd even recommend the head of it and i would recommend retired general keith alexander who ran the national security agency for eight years and two administrations, obama and bush. and he's also a businessman today. and let him put a panel together and take a look at this and provide some guarantees that the security walls are really going to be effective and i would always have concerns if the chinese still their hand in it which it looks like we're going to wind up doing. maria: i share those concerns. let's not forget that oracle is among the most safe in terms of technology, in terms of getting breaches. you know, you've seen breaches at amazon, seen breaches at
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microsoft. you haven't seen that kind of activity at oracle. the 75th u.n. general assembly starts today, starting virtually. president trump is going to be delivering a recorded speech to that assembly. he said it will deliver a strong message to china in the speech. here's the president yesterday talking about this. listen to this. >> i just -- my message is a strong message on china and basically you'll see it. you'll see it tomorrow. but i just did it a little while ago. maria: what about that, general? what do you think the president needs to touch on in that speech to the unga? >> well, i think there's two major vectors there. one certainly is china and the other is iran. china certainly, this is really the first major forum that he's been able to speak to that issue since we've had the covid epidemic and certainly he's going to take that on. this actually severed what he believed was a positive
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relationship he had with president xi. he has not spoken to him since president xi lied to him about the -- what was then a regional epidemic and had not become a pandemic yet. and that relationship has gone as a result of china being responsible for spreading this virus internationally. i'm not certain that's ever going to be patched up again, clearly because our policies are now -- are very much anti-chinese communist party for sure and we've got other nations coming with us in a very broad coalition to deal with china's aggression and maligned behavior. the second thing i believe we'll obviously be dealing with iran. maria: let's talk about iran. they've obviously -- they're obviously watching what is taking place in the middle east with the incredible deals in terms of normalizing relationships with israel. the u.s. is imposing new sanctions on iran's defense
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ministry and others involved in their weapons and nuclear programs, the sanctions follow a trump administration push to launch a snapback of u.n. sanctions against iran. secretary of state mike pompeo joined me on sunday morning futures of to discuss this. here's what he said. got to get your reaction, general. watch. >> the world needs to unite around the central idea that the islamic republic of iran is the greatest threat. when the regime changes their behavior we have a chance to create true global security in the region. it's what we've been working on. three years in, we can show the fruits of that effort. maria: general, your thoughts on these new sanctions and reaction to iran, the latest here? >> a couple of things. i think the president will underscore the political, economic and military alliance that is building in the middle east with the arabs and the israelis. as we have said, it is historic and it's a major geopolitical paradigm shift. i think he's going to turn to iran's behavior and the fact that it makes no sense to get
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rid of the arms embargo which ends on october 18th, as a result of the nuclear deal that the obama administration had made. it was one of the provisions in it. that means iran can become an arms merchant and also can buy the most sophisticated weapons from russia and china and other countries in the world. so that is one of the features of the snapback sanctions to make sure that doesn't happen, uranium isn't enriched and missile development doesn't go forward. the problem is that the other members of the u.n. national security council and those who participated in the nuclear deal are not with us on all of that. so what the united states will find itself doing is sanctioning them if they still continue to do things with iran. and that's going to put the united states in a tough position. but i think it's the position that we'll find ourselves in and
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i also believe it's the right position. i cannot imagine giving -- letting iran acquire the most sophisticated weapons in the world. that makes no sense. maria: yeah. well, by the way, china is still doing business with iran in terms of oil business and what have you. but real quick, before you go, general, you came on this program a month ago and said it's likely that we'll see bahrain do a deal to normalize relations with israel. thank you for that. you were absolutely right. spot on, as usual. we've got the united arab emirates now and bahrain having agreed upon normalized relations with israel. who is next? do you believe oman or kuwait? would the saudis be on the horizon, who is next in terms of normalizing relations with israel? >> i look and see who are we really talking to a lot about this and where are we on those negotiations. oman and sudan are the people that we are in heavy negotiations with right now.
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eventually, the king of saudi arabia doesn't want to do anything that's adverse to the palestinians. that's why he's holding back. but the crown prince is very much -- the crown prince of saudi arabia is very much in favor of this and he had serious discussions with uae over all of this. saudi arabia will eventually become part of this alliance. that will be a fact. it's just a matter of time. there will be more countries. this will continue to grow as an alliance and i think it's going to be one of the president's significant legacies going forward. maria: yeah. i agree with you. that's why he was nominated for a nobel peace prize. it's good to see you this morning, thank you. >> good talking to you, maria 34* comin.maria: coming up, can commercial real estate. we'll check on commercial real estate when we come back. how about this, grunge chic.
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cadre, ryan williams. i should point out your background. you worked for the blackstone group in real estate, you worked for goldman sachs before starting cadre. you are very familiar and have studied commercial real estate for a long time. before we talk about what you're rolling out this morning, your new product, cadre cash, assess the commercial real estate market for me. because we all know that everything has changed since covid arrived. >> yeah. good morning, maria. you're spot-on. real estate has gotten a lot of attention, rightfully so. and like a lot of other industries, we believe there's going to be winners and losers. we believe there are definitely more risky asset classes like retail, for instance. but there are also asset classes that are seeing tremendous growth and resiliency. you don't always hear about that. like residential, multifamily. so we're focused on really investing in what we believe will be the winners and potentially stronger winners coming out of this environment
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and staying away from what we believe will be more of the losers. looking again at retail where there's been incredible distress. you're looking at urban core office. you heard about the vacancies. you're looking at some full service hotel that depends on international travel. we're staying away from those asset classes, focused on multi, people always need some place to live. we are focused on residential and industrial. there will be winners and losers just like in every other asset class. it's about picking the right asset and that's what we're doing at cadre. maria: i want to talk about the market in a moment. let's talk about the product you're rolling out, called cadre cash. tell me about it. >> definitely. couldn't be more excited. we announced it yesterday. and cadre cash is a really significant product, given our low yield, low growth, and high volatility market. you saw the stock market yesterday. basically, what cadre cash does
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is provides investors with access to an fdic insured, 3% reward savings account on their cash. that's more than 60 times the national apy. and we also provide investors with access to a newly developed growth oriented portfolio of real estate. we're back investing. we want more people to be able to get access to outsize savings and yield as well as diversification away from the stock market because as you know, it's really challenging today to find yields with rates being historically low. we wanted to launch this product at this moment in time because we see how volatile the markets are. we see how hard it is to get yields and cadre cash provides that unique access to a 3% reward on investors' cash as well as access to a diversified real estate portfolio of winners that i mentioned earlier. maria: how are you able to
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offer 3% when rates are at zero and jay powell has told us over and over again they're going to be at zero for three years at least. real quick, ryan? we have to jump. >> we saw that rates were going to be low. we have a partnership with a consortium of banks to make sure that our base rate's fdic and we're subsidizing at the corporate level the additional 2 plus percent. again, we're bringing together the best of yields and high growth. we want more people to be able to access by going to our website, just launched it. it's a limited time. and we're excited. maria: all right. we will do that. ryan, it's great to see you. thanks so much. obviously a better yield than what you're seeing in most place these days. ryan williams is the ceo of cadre. stay with us. we'll be right back.
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maria: welcome back. time for the morning buzz. first up, the cuties controversy continues. a new survey finds that over half of those who watched the netflix movie did so only because they heard about all the backlash. dagen, all of the controversy around this has caused the viewership to go up. dagen: right. that's why people call it what aboutism but i kept raising the issue abou about what aboutl the other problems of sexualization of young women in this country. netflix is getting a lift because the great british bakeoff is coming back, the new season starts streaming on netflix on friday the 25th of september with a new -- one new co-host, matt lucas, who was in bridesmaids. that's why people are watching netflix because that's good all around clean fun, nothing bad ever happens except a souffle
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falls. maria: gucci is out with a new vintage pair of grass-stained overalls. they look like you just completed a whole day of yard work. the price tag, $1,400. the fashion powerhouse says the outfit is meant to show off a grunge look. would you buy these? lee: no. you can't buy taste. this is just a terrible, terrible idea. if you want to take some overalls and go do yard work, do that. if you don't want to do it, i'll do the yard work and i'll sell them for you for $1,000. it's a ridiculous waste of money. i don't understand people. why would anyone buy them? dagen: gucci's playing a joke on people. they're basically labeling -- it's like oh, we'll see how many fools are in the world who will buy these things and wear them around. you might as well wear a t-shirt that says idiot on it. [ laughter ] maria: normally i like gucci, i
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must say. $1,400 for dirty overalls just is crazy. a head start on fame, rapper cardi b unveiled an instagram page for her 2-year-old daughter, culture. already the instagram page, the toddler has nearly 750,000 followers. the account is full of photos of mom and daughter dressed in designer clothes and matching outfits but culture has a way to go to catch up to her mom's follower count of, get this, 75 million followers of cardi b. dagen: collin carter is her stylist. he put together her best looks from the met gal la. she is in -- gala. she is an amazing style i consistent. i think her daughter when she's in her teenage years might regret this. i wonder if collin carter is dressing her daughter, culture. maria: they look cute. it's incredible how many followers she got as soon as she started the account.
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they're cute together. good shots. still ahead, rising crime in the cities across our country. former new york city mayor rudy giuliani is back with us on the new labeling of new york city as an anarchist jurisdiction, how he would stop the ongoing unrest, next hour, right here, "mornings with maria" live on fox business.
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find a stock basedtech. on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. maria: good tuesday morning, everybody. thanks so much for joining us you. i'm maria bartiromo. it is tuesday, september 22nd. your on stories, 7:00 a.m. on the button on the east coast. the battle ove over the nation's highest court goes on. senate republicans say they've got the votes as democrats claim the gop has, quote, no right to fill the seat. white house chief of staff mark meadows will join me live at 8:30 a.m. eastern to discuss all of the above. we are 42 full days away from election day 2020. both candidates are hitting up key battleground states now. we will take you there. markets pointing to a mixed opening this morning, take a
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look. dow industrials lower but the nasdaq is higher. we are awaiting testimony from treasury secretary steven mnuchin and federal reserve chairman jay powell, both will be on capitol hill later today, going it. the dow industrials down 28, the nasdaq up 57. this after a huge selloff yesterday sparked by an open supreme court seat and the impact on the legislative agenda. lockdown fears and uncertainty around a stimulus deal persisting. dow industrials down 510 points at the close on wall street yesterday. the nasdaq was down 14, the s&p lower by 38. the state of our cities, the department of justice naming three major cities as anarchist jurisdictions that could potentially lose federal funding due to the ongoing unrest. former new york city mayor rudy giuliani is here with his take. made in america, nissan rolls out its new redesigned 2021 rogue, coming off the assembly line in tennessee. we've got a preview coming up. women and wellness, how some are expanding business while keeping
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their cool in the era of coronavirus. super model kathy ireland is back with us with lifestyle tips you don't want to miss. "mornings with maria" is live right now. european markets this morning look like this. we have a mixed story across the world. the u.k. is now mulling another lockdown as covid cases spike, bars there in the u.k. will close early and more people are encouraged to work from home. fq100 this morning up 10 points, cac up 20. the asia, red across the board. markets were dragged down by lockdown fears, a global banking selloff among the issue for markets across the world. japan was closed overnight for a holiday. some of the top stories this morning. president trump slamming joe biden's record on job creation during a rally in dayton, ohio yesterday. also accusing the former vice president of selling out american workers. >> with every decision joe biden twisted a knife into the
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hands and hearts of the american worker. but these brutal betrayals ended the day i took the oath of office. that's true. maria: meanwhile, joe biden is accusing the president of being a park avenue elite. >> basically all he can see is wall street. do you think wall street built this country? well, let me tell you. do you think that donald trump, as donald trump does, that handing out $101.5 trillion tax give-away, primarily for large corporations and wealthy qualifiers, is an economic plan? you think like trump that $15 an hour is too much for america's essential workers? maria: president trump set to make a campaign stop in pittsburgh later today. meanwhile, the nation is set to honor supreme court justice ruth bader ginsburg who will lie in repose at the supreme court. tomorrow and thursday. she will be the first woman to
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lie in repose there and on capitol hill. this as the battle over her successor reaches a fever pitch. president trump meeting with potential frontrunner judge amy coney barrett yesterday. the president says he will announce his pick to fill ginsburg's seat by saturday. the center for disease control is facing questions after it decided to remove guidelines posted on friday that said that the covid-19 virus can be transmitted through particles that lynn better in the -- linger in the air. the agency said the guideline was posted in error after an early draft of a proposed change was suggested. the cdc stressed while it's possible that this type of transmission can occur, close contact is still the primary way covid is spread. well, china is unlikely to approve the current deal for oracle and walmart to partner with tiktok, according to a state run newspaper in china. in the editorial in the global times, it reports that the deal has hurt china's national
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security interest and dignity. the deal is worth $60 billion and would have oracle become responsible for hosting all u.s. user data. inside oracle sources telling me while bytedance currently owns 80%, after the transaction that ownership drops to 53% and then after a planned ipo the chinese ownership drops further to the 30% range. i was also told that china will not have a seat on the board, four out of five board members will be american, one will be japanese. joining the conversation all morning this morning, dagen mcdowell and lee carter. it is great to see you this morning. dagen: great to see you. lee: great to see you. maria: it is time for the word on wall street with investors keeping an eye on your wall a let. joining me right now is micah lee strategy founder, michael lee, dick bovee and optimal capital director of strategy, francis newton stacy. thank you for being here. let's kick it off with markets looking to rebound from yesterday's major selloff. the dow falling better than 500 points yesterday. sparked by that open supreme
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court seat, its impact on the legislative agenda. futures currently indicating a mixed open. the dow is down but off of the lows. nasdaq is up, michael, 47 points. the s&p is up 2 and three quarters. how long-standing is this question about the legislative agenda going to linger? what's your take on markets? >> maria, i think we're firmly in a 2010, 2011 type market. what we saw of out of th the ma lows is historic not only fiscal but monetary stimulus. the idea was that you could inflate markets with the hopes that economic fundamentals will catch up. we in large part have seen that. we've seen one of the most rapid recoveries from a historic recession in the history of our country. i'd say as markets have sold off the last few weeks, if anything the economic picture has looked better and better. however, that fiscal stimulus i believe is off the table until after the election. i think the economy itself will
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keep on chugging along, keep on improving. i think those at the bottom will hurt the most but whenever you're in a central bank liquidity driven market you enter periods where you're simply risk on or risk off. risk on, i mean everything is bought, from bitcoin to bonds to stocks to staples and then when you go to risk off, the opposite happens and i think in both directions you end up getting pretty far overbought and pretty far oversold. i think the nasdaq might be up close to 20% this year. the rest of the markets are flat. given what we've gone through, that's still pretty remarkable. i'm not optimistic for any stimulus. if you ask yourself what is the benefit to nancy pelosi, chuck schumer and joe biden for an additional economic resurgence prior to the election, i think that's your answer there, that the only way they're going to give it is if they get trillions of dollars to give away for unrelated things and i don't
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think the republicans are going to compromise on that. i'm not optimistic for any stimulus. i think the markets will recover and we will hit new highs before the year end. maria: one of the big things that happened yesterday in terms of that selloff was bank stocks sliding yesterday, dick, following the report that alleging several global banks moved at least $2 trillion in illicit funds across the globe. the report alleged they were moved despite red flags being raised over the money's origins. you studied the sector for so long. what is your reaction to this investigation into money laundering? >> well, i think that if we take a look at what happened from the initial point, the bank discovered somebody does something that they think is questionable. they tell the treasury that they think this particular transaction is questionable. the treasury is then supposed to put some type of investigation on to determine what should be done and then go back to the
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bank and tell the bank what the bank should do. clearly, given the fact that there are tens of thousands of these reports, which are flowing from all of the banks around the world into the treasury department, you know, it would appear that there's been a breakdown in the ability to process that information. the press apparently wants the world to believe that the banks in some fashion are in collusion with terrorists and drug dealers which i think is absurd. on the other hand, what they are pointing out and they're doing so illegally, given the fact that they're not supposed to have access to this information, what they are pointing out is a breakdown in the systems of handling the massive amount of complaints that go from the banks to the treasury department. so what's going to happen at this point? at this point the banking regulators will now go into the banks, take a look at their risk issues, take a look at their computer systems, make a series
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of changes and also fine the banks for not living up to the bank's secrecy act and anti-money laundering laws. will it have any lasting impact on the banking system? absolutely not. should the banks have sold off by yesterday with the vee verocy they did? it sounds crazy to me. i would buy bank stocks as aggressively as i could because this is not a long-lasting earnings problem for the banking industry. maria: all right. buy banks as aggressively as you could. and you always like bank of america. is there one that you like more than the others? >> well, you know, jp morgan chase really got slaughtered yesterday in the market because they're a big name, they're up front. i certainly would be buying that. maria: all right. president trump meanwhile looking to announce his pick for a new supreme court justice this weekend. senate republicans say they have the votes to appoint but
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democrats are saying that the gop has no right to fill the seat. francis, how do you think this open seat is impacting markets? we're already looking at the impact on the legislative agenda causing markets to swoon yesterday. >> oh, yes. and it's going to be very interesting. first of all, we had heightened volatility coming in for the election, discussions of a contested election, et cetera, et cetera. and this certainly put a lot of doubt into the equation and we saw that yesterday, having the news come out on friday evening and then the trading yesterday and what it is, it's just the competitive narratives about are we going to go back with the pandemic, the cases are up in the u.k. so should we drive ourselves back into tech and the u.s. dollar and gold and treasuries. or are we going to have a broader reopening. and any time that vics stays up then you're going to have narratives pushing and pulling each other. i think ther there were a lot of managers yesterday adjusting their portfolios. i think we'll see money in the
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sidelines come into the nasdaq because the balance sheets are very strong when that's the defensive play of the covid thing and as volatility is heightened, i think we're going to see that as well. so more volatility, more violent swings but certainly yesterday the pan h pandemic plague came k into play, particularly with the u.s. dollar. maria: i guess you feel that it's okay to buy stocks even in the face of this, this uncertainty. >> well, it's interesting, because there was a lot of money, particularly with big managers still on the sidelines and some of them missed this huge rally. one of the things was i'm not going to buy the nasdaq until it sells off 10%. well, it's down 13%. so we're going to see if big money comes back into tech. a lot of that will be around the narrative of the reopening and if tech is too expensive. if there is fear, then tech has been the defensive play that's worked all year and they have strong balance sheets. so i imagine there will be some
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buying. maria: all right. we'll leave it there. michael leave, dick bovee, francis newton stacy, great to see you all. thank you so much for the word on wall street. we'll be right back.
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maria: welcome back. a political battle is underway over the supreme court vacancy left by justice ruth bader ginsburg. president trump meeting with potential frontrunner judge amy coney barrett yesterday. the president says he will announce his pick to fill ginsburg's seat by saturday of this week and wants a vote in the senate sooner rather than later. >> i would much rather have a vote before the election because there's a lot of work to be done. i'm just doing my constitutional obligation. i have an a obligation to do this. maria: joining me right now is trump presidential campaign senior advisor for strategy, steve cortez. it's great to have you this morning. thanks very much for joining us. you see the insanity going on, on the left. the president's critics do not want him to name another supreme
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court justice. where does the president go from here? is there enough time to actually get somebody confirmed? >> you know, maria, there's clearly enough time and we know that by historical precedence. that's not just my opinion. history teaches us that justices have been confirmed in shorter period of time than this, including the late justice ginsburg herself. there is sufficient time to get this done before the election. there's a practical reason to get it done and that is it is not i' implausible to project tt the supreme court may become involved in adjudicating the election. there are a lot of swing states, particularly in the upper midwest, governed by democrats. if those states are extremely close and if there are arguments about counting the ballots, it is entirely possible that the courts may have to get involved as they did in 2000, of course, with the florida recounts. in that case, it's imperative that we have a nine member, fully staffed supreme court. so both reasons of history and for reasons of practicality we can and should and must confirm
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a justice before the election. maria: well, we are just one week away from the first presidential debate between president trump and former vice president joe biden. steve, what are you expecting from president trump next week? how is the campaign -- how has the campaign been assisting the president in preparing for this debate? >> look, obviously i can't share all the details. i can tell you the president of course is preparing steadily as we move toward the debate. he looks forward to the chance to make his case to the american people, particularly on the economy. i think that's going to be the most important decision driver for most voters out there. this president has an incredible record, of what he did for the first term before the china virus interrupted our economic prosperity and what he's doing right now in terms of the economic res sans that is -- renaissance that is booming all across the country. the american people will have a chance to really see an unfiltered joe biden. let's face it, joe biden has
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been largely hiding from the press. he's been largely hiding from the american people. he can't hide when he's on the debate stage. i think transparency is going to do a lot for our campaign, donald trump is probably the most transparent politician in american history. joe biden very much the opposite. on that night, he's going to be forced into transparency. maria: yeah. house democrats released a bill yesterday, steve, to keep the government open through decembe. but the plan doesn't include a white house request for farm aid or additional school lunch assistance. we saw what happened to the markets yesterday, steve, because investors are speculating that an open seat on the supreme court means the legislative agenda is dead. will we be able to avoid a government shutdown? and until we have some resolution here, we've got uncertainty driving the day. >> right. unfortunately, shenanigans on capitol hill are making markets nervous. i think part of what happened yesterday, we saw a strong rally in the dollar and that hit u.s.
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stocks because right now it looks like the virus situation is perhaps trending a lot worse in europe than it is in the united states. regardless, you're exactly right, capitol hill, the situation on capitol hill is troubling to investors, troubling to all americans. nancy pelosi, when she resorts to tactics where she at least implied that she's willing to use impeachment as a retal retan if they follow through with the mandate to put a new justice on the supreme court, that doesn't build confidence in the country or financial markets. i would i'm lower the speaker and democrat -- i' to get the government fully funded and to recognize if they don't want republican and conservative justices put on the court, then they should win elections, quite frankly. maria: you know nancy pelosi is not going to stop, she is going to move to impeach. you said it this weekend. >> this tactic of -- so far,
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and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. maria: welcome back. senate republicans are preparing to release a report on their investigation focused on former vice president joe biden an his son, hunter biden. the probe focused on obama era policy and hunter biden's work for burisma holdings.
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lee, what are you expecting here? could these findings hurt the biden campaign? we know that hunter biden had lots of business relationships across the world while his president was vice president and accepted money from the chinese. lee: yeah. i think that this is one of those issues that doesn't really change people's minds. if you really are looking for a reason to dislike biden, already mistrust him, you will think this is a smoking gun. if you support biden you will say this is a witch hunt. the real issue is how does this impact the undecided voter, the people who aren't sure if they like biden or not and that's about 8% of the population. that could actually have quite an impact. the fact of the matter is joe biden is running on being a decent guy. that word was used more than any other during the dnc. so does this undermine that? and really we're going to have to see what's in it and what the
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vice president's of involvement was in it at that time. maria: dagen. dagen: depends on also if and when joe biden gets asked about this, about hunter and he has to talk about it. how does he handle it. because he is going to great lengths to avoid talking about anything right now that doesn't benefit his campaign. i'll point to yesterday when he was giving a speech. he completely avoided the death of ruth bader ginsburg and the move by the republicans to fill that seat because it doesn't really benefit him. people who vote for -- who have already decided to vote for joe biden based on a supreme court pick, they've already made that decision. this goes to with the republicans moving forward to with full this vacancy, it goes to pulling over people that are undecided who care about the
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court but maybe don't care for president trump's personality. joe biden has had a glass jaw according to ed rollins when it comes to talking about his family in particular. how does he handle this? yesterday he was talking about the coronavirus because he's up 22 points in the new wall street journal poll. in terms of how he would handle the virus. he talks about that. but then avoids talking about the court. i think that he has to talk about hunter biden, his son. it's inevitable. maria: yeah. well, i'll tell you this. senator ron johnson is leading this investigation. he's been on with me many times on sunday morning futures and he said this. what our investigation is uncovering i think will reveal that this is somebody we should be -- this is not somebody we should be electing president of the united states. this report was initially expected earlier in the summer. but ron johnson has faced so many delays in terms of getting
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documents. he's trying to get to the bottom of really what took place there and why then sitting vice president's son accepted $1.5 billion from a chinese company and was being paid every month from a ukrainian company while the vice president was doing dealings in china and in ukraine. we'll see what the report says. ron johnson has tried to get documents to prove his point and the fbi and the doj and even the senate intel committee has sat on those documents. so this report will be out this week. coming up, tackling crime in america, next up, former new york city mayor rudy giuliani is here talking about the new labeling of new york city as an anarchist jurisdiction, how that would stop any federal funding into new york and how giuliani would stop the ongoing unrest there. you're watching "mornings with maria" live on fox business.
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maria: welcome back. good tuesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is tuesday, september 2 2-7bd. the first day of fall. here's a look at markets this morning, 7:31 a.m. on the east coast. we're looking at a reversal of fortune with a bounceback in the last half hour, nasdaq at the high of the morning, up 72, the s&p 500 up 10 and a quarter. we're awaiting testimony from treasury secretary steven mnuchin and federal reserve chairman jay powell. both on capitol hill later today, the speeches have already been presented. it follows a huge selloff on wall street yesterday. sparked by that open supreme court seat and the impact on the legislative agenda, lockdown fears, uncertainty around a stimulus deal persisting, send the dow industrials down 510, the nasdaq down 14, and s&p 500 lower by 38. european markets this morning are higher. the u.k. is mulling another lockdown as the number of covid cases spike in the u.k. the fq100 is up 27, that's about
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half aer a percent. the dax is higher by 144 points, bars in the u.k. will close early and more people are being encouraged to work from home. in asia overnight, reds across the board there following the selloff on wall street. japan was closed for a holiday. the worst performer was korea, kospi index down 2 and a third percent. crime in america's cities, this week the department of justice named new york city, seattle and portland as, quote, anarchist jurisdictions for their lack of control over rioters and the defunding of police departments. the white house also threatening to cut federal funding to these cities amid the uptick in violence. president trump weighed in during yesterday's ohio rally. watch. >> look at portland, you look at chicago, you look at new york, you look at baltimore and oakland and all -- these are democrat-run cities that are horrible on crime. there's no law and order. no cash bail. no anything. and you know what?
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the republican cities are running great. they're running great. and so we're going to get it all changed around. maria: joining me right now is former new york city mayor and personal attorney for president trump, rudy giuliani. rudy, it's always a pleasure to see you. thank you for being with me this morning. >> pleasure to see you, maria. maria: what do you make of this, anarchist jurisdictions, that will obviously threaten federal funding going to new york while mayor de blasio says he needs $9 billion yesterday to fill the budget hole. >> yeah, that's because he's wasted probably way more than 9 billion. he's been as you know, maria and everybody in new york knows this, democrat, republican, he has clearly been the worst mayor in the history of the city. i can't tell you how bad he is, how many things he's done wrong. but it is clear this is an anarchist city. all you need to prove it are the videos of the riots that took place and the fact that the
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police stood and watched the rioters. you know the new york city police department wouldn't do that unless they were ordered to do that and i believe if you ever held a trial you could call police commanders who would testify that the mayor personally called them and told them to stand down. i don't even know if that makes him an acassessly to robbery. the man -- i cannot and i won't because people will think i'm crazy, the man is without doubt a terrible mayor, he's a danger. he actually -- people die as a result of his incompetence. it kind of explains to us the importance of public office and if you make a terrible mistake, public office is so important, mayor, governor, president, people will die. more people died in this pandemic than had to because he never used the 1,000 ship -- wonderful boat that the president sent here, one that i used a great deal during
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september 11. and the governor too, the governor sent people into nursing homes. he had no -- there was 1,000 empty beds sitting in a beautiful place in the hudson river on a ship that's been used 100 times with very, very good doctors on it. and this incompetence. they didn't want to make trump look good. maria: well, in fact, he was out pacing the streets, black lives matter in big yellow letters outside of trump tower. do you believe that his actions have in fact sort of sparked up things and allowed the rioting to blossom? >> i believe his targeting of the police has led to police officers getting shot. i think it goes back to when he was first mayor. he ran against the police department. he demonized them. he did the whole stop and frisk thing way beyond how it had to be done. he said that the new york city police department was racist and
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then a man from baltimore at or about that time chose to come to new york to kill a police officer. why do you think that man chose new york? he could have gone to philadelphia or boston. he could have stayed in baltimore. the mayor announces he is worried about the police department, tells his son to worry about our police department. it is a famous police department. you're putting a target on their back. when the whole situation first began, he started talking about how we have problems and the police didn't act properly and when police officers hear that, they say to themselves -- this is more than an expression. this goes into the psyche of a police officer, the mayor doesn't have my back. if i go a little too far, and i get into a difficult situation, he's going of to turn and he's going to point the finger at me. they have to know, police officers, the military has to know, the president has their back. the police have to know the mayor has their back. this comes from somebody who
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reduced crime more than any other mayor in any city ever in history. nobody's ever reduced crime by 65%. i did it. i know how to do i i know what i'm talking about. this mayor should have been gone at the beginning of covid. governor cuomo knows everything i know. maria: how do you do it? >> he knows how incompetent he is. maria: what do you think has to happen in new york to stop the madness, to stop people from leaving new york? what are the top three things that need to be done right now. >> one is real simple, tell the police department they're allowed to do their job, tell them they can make arrests and if they make a little mistake, get a little too rough because things get rough and tough when you're making arrests, you're not arresting nice people. you tell district attorneys you're going to defund. they should be thrown out of office. they should be impeached. you don't just let 100 rioters out, you don't let 1,000 rioters out. the governor of the state should
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supersede the district attorney who does that. if i was the governor of new york i would throw de blasio out. maria: forget about rioters, what about criminals. governor cuomo in march, he said he's going to have a solution for the bail reform, the absence of cash bail by april. he never came back to tell me what that solution is and the shooting numbers and the crime numbers have only gone up. you're talking about letting the rioters out. you've got criminals out because of the elimination of cash bail and kamala harris says she wants to do that in all of america, no cash bail should she become vice president. >> did it ever occur to you that one of the reasons thaten t encouraged this violence is because they want to blame it on president trump. joe biden directly blames it on president trump. of course, the president has nothing to do with local law enforcement. it wasn't bill clinton's fault
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if crime went up in new york. it was mine. and bill clinton didn't take crime down in new york. i did. because other mayors got the same help that i did and couldn't do it. so law enforcement is a local matter. it's a completely dishonest thing to say. i believe they want to keep the pandemic going. they want to keep the schools closed. biden blames him for the schools being closed. so go look at what biden is blaming him for and the quick and democratic politicians who don't really care about anybody. imagine talking about impeachment right now. haven't they revealed that from the very beginning all the impeachment's been phony. they're going to impeach him for exercising the power that 14 presidents -- maria: it's a sad state of affairs. >> jimmy carter -- maria: before i came to fox and started broadening out my coverage and understanding politics in washington better, i had no idea the corruption that existed. looking at what took place in 2016, dirty tricks to try to take down president trump is
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extraordinary, even the idea of russian collusion. we know russia has trying to meddle in our elections. the same thing with china and iran. i spoke with the head of intelligence, the director of intelligence, john ratcliffe, and he told me that he presented a report to the congress explaining specifics about russia, china and iran, tried to meddle in our elections. what came out as a result of that? russia, russia, russia, russia. they just keep pushing this narrative that russia is undermining and they're also bringing you down with it. you know that they're trying to you attack you in terms of your relationships in russia as a result of this. no mention of china, no mention of iran. russia's economy is the size of texas. >> what liars. what liars. maria: -- of a threat. >> and i'll tell you why they don't go after china. because china owns the democratic party. they gave the biden family, i
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don't know, 20 million, 30 million. the biden kid is involved in china business right now, today. and we're going to election this guy president of the united states when his son has been pulling down millions in china? that's totally ridiculous. china owns joe biden. they've owned him since his son went there and started making millions and joe took him on air force 2 there. why do you think joe says things like china's no competition. i mean, that -- he has said very many ignorant things. he can't be that demeanted and that stupid. there's nobody in the world that agrees with that. he says it because -- maria: ea we're waiting on ser ron johnson's report. >> burisma stinks like hell. maria: what are we going to learn about hunter biden in ukraine from this report? >> what you're going to learn is there was no way that boshefski,
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who paid the biden family between 8 and 14 million was paying for drug addicts which is what this guy has been. this guy can't function. i don't think he ever showed up in ukraine. was a no-show job. what was the no-show job for? joe's influence. he was the most influential man in ukraine. he was put there by obama. he was giving out all the money. he was needed in order to save the company and then biden went ahead and did it and he bribed boris yenko. it's on tape. there are five witnesses. there are four recordings of conversations just at the time that the firing took place that have not been released. four recordings that amount to two and-a-half hours of conversations between biden and borisyenko. they're all in february of 2016. those should be released by
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president trump. president trump should declassify them and put them out. i will bet you a dinner -- maria: i don't know if we'll get those. go ahead. i know senator ron johnson has been asking for documents about this. >> he can't get those. he's trying hard to get them. four conversations right in the middle of the bribe. maria: okay. rudy, we'll check on that it's great to see you this morning, sir. thank you so much. rudy giuliani. have a good day. thank you. we'll be right back. we got no free pass. everything we have, we've earned. the unmistakable lexus is. get zero percent financing on the 2020 is 300. experience amazing at your lexus dealer.
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maria: welcome back. bringing back american car manufacturing, nissan is rolling out the latest version of its most popular model, the rogue, which has sold nearly 3 million cars in the united states. it is the first of six new or redesigned models being introduced in the mention year and-a-half, being produced at nissan's tennessee plant where more vehicles are made than any other assembly plant team in north america. joining me now is nissan senior vice president of marketing and sales, michael koloran. thank you for joining us. it's good to have you you here. tell me about moving production back to the united states. how much more expensive is it to make cars in the u.s.? >> well, maria, it's not really about that today. it's not about being more expensive to build here in the u.s. we have a great manufacturing
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facility in smyrna that builds competitive vehicles. 7,000 men and women of nissan, smyrna plant, build the all-new rogue. we start production today. the rogue is one of our best sellers over the many, many years that we've been building it. over 3 million have been built so far. we're really excited about the all new rogue. it's going to be a great vehicle, built by great people here in tennessee. maria: yeah. the president has made it one of his campaign promises. the president has made it one of his economic priorities to move supply chains back to america. so i'm just wondering how big of a deal that is for nissan. >> well, i think nissan has global production across the world. and so it's not a big deal for us. right now, what we're doing is we're focusing on a sustainable growth in the future that's supported globally by our nissan next plan. the nissan next plan is underpinned with 10 cars in the next 20 months.
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we start with the product, recreate the product, recreate the business and recreate the culture. maria: what kind of demand are you seeing, michael? i know that nissan has had a hard time in the last several years in terms of profitability, revenue growth. where are you on those metrics, michael? >> well, the demand is really good. and coming out of the covid situation where demand was almost two-thirds less than what it had been previously and production was almost zero, we've really had a great recovery. demand is strong right now. we just launched the all new sentra. the sentra is gaining share faster than any vehicle in its segment right now. demand is strong and the industry is rebounding well and so are we. maria: well, we're looking at the rogue and it looks great. congratulations on that launch. michael, it's great to have you this morning. thank you, sir. michael joining us from nissan.
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so you can really promise better sleep? not promise. prove. save up to $1,000 on the new sleep number 360 smart bed and adjustable base. plus, 0% interest for 24 months on all smart beds. only for a limited time. maria: welcome back. time for the morning buzz, first up, when sports meets sport, nba legend michael jordan and nascar driver denny hamlin set to form a nascar team to compete next season. the driver, bubba wallace. dagen, is this a good collaboration? dagen: it's certainly great for the sport because you have michael jordan who was born and raised in north carolina, bubba wallace likewise. michael jordan brings fame, notoriety and surely sponsorship dollars into this sport. single car teams are tough but the furniture row team which no longer exists that martin you mx won a nascar championship for in
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2017 so with their notoriety and the money that will come in, and denny hamlin he'll still keep driving for joe gibbs racing so he'll be a competitor, i'm excited for the entire sport and to be able to see michael jordan at a race or two, doesn't get any better. maria: yeah, that's going to be cool. all right. next up, the tomato faceoff, mark ha hammel and patrick stewt have a verbal showdown. take a listen. >> tonight, i'll be eating a veggie cheeseburger, no tomato. >> tonight, i'll be eating four cheese tort t'elini with extra tomatoes. maria: they came together for this uber eats commercial. is it tomato or t tomato.
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lee: i love the fact that it's star trek versus star wars, tomato versus tomato. very clever. maria: from tv to reality, you can go from watching schitt's creek to visiting a town just like it. sharon springs has all the charm and quirkiness that the fans love, one store partnered with the show to recreate a famous shop. schitt's creek recently broke records at the emmys, winning nine awards, dagen. are you taking a trip to this town any time soon? dagen: i live in scihh's lake -- schitt's lake, in new york city. i'm repeating the name of the television show. maria: i know you are. dagen: i'm not saying anything that would embarrass my mother. may she rest in peace. maria: i guess it feels like
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that sometimes, these days in new york, doesn't it? dagen: yes, it's an open sewer in hell is how i describe new york city. maria: oh, my goodness. still ahead, the battle for the supreme court, house minority leader kevin mccarthy and white house chief of staff mark meadows are here, they will join me next hour to discuss the president's historic decision on the horizon of. be sure to tune in tomorrow. ( ♪ ) ♪ i need it so bad don't call it a hobby. it's way more than just a job. this is how we live every single day. can we go and play? (roaring of engines) ( ♪ ) ♪ i needed to try
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maria: welcome back. good tuesday morning, everybody. thanks for joining us. i'm maria bartiromo,tize september 22, your top stories right now 8:00 a.m. on the button on the east coast, the battle over nation highest court, president trump meeting with his top pick to fill justice ruth bader ginsburg's seat, senate republicans say they've the votes, to confirm as democrats game gop has no right to fill the seat white house chief of substantive
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meadows will join me 8:30 a.m. or an to discuss this 42 full days until away until election day, both candidates hitting up key battleground states markets reversing course a rally underway right now that has now turned negative on the dow, take a look, dow futures down 67 points nasdaq giving up all much earlier rally holding on to gain 14 s&p 500 given up all gains now negative steven mnuchin federal reserve chairman jay powell for testimony on capitol hill today markets have been volatile now back in negative territory after he sell-off yesterday sparked by eep supreme court seat of justice ginsburg the impact on legislative agenda, lockdown fears uncertainty stimulus deal persisting dow industrials yesterday down 509 a nasdaq down 14 s&p 500 lower by 38. the battle to keep fit gyms
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struggling many keep them lockdown what lies ahead for that industry women in wellness some expanding business keeping cool in the era of coronavirus, super modeled ireland here with lifestyle tips you don't want to miss. >> travel with a cold brew ready to pay you for a nationwide trip, "mornings with maria" is live right now. european market like this here too a reversal of chont positive across the board in uk and throughout europe uk mulling a lockdown as number of covid cases spikes there bars close early more people are being encouraged to work from home ft 100 up 17, cac quarante up 12, dax last check up 89, real time trading in europe right now in asia overnight red across the board markets dragged by lockdown fears global binking a
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sell-off japan closed for holiday worst performer was korea china, shanghai composite down one and a kwert% kospi index down 2 1/3 percent joining the conversation this morning dagen mcdowell, lee carter ladies great to be with you we discuss battle for next he supreme court justice, president trump looking to name nominee this week's for the open supreme court seat vacate following passing of ruth bader ginsburg the president yesterday. >> i would you much raert have a vote before rarity have a vote before the election a lot of work to do much have it plenty of time to do it really a lot of time let's say i make the announcement saturday, there is a great deal of time before the election, that will be up to mitch and the senate but i certainly much rather have the vote i think sends a good signal. and it is -- solidarity lots of other things, and i am just
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doing my constitutional obligation i have an obligation to do this. so i would rather see it before the election. maria: new york senator chuck schumer said gop has no right to fill the seat ahead of election listen to this. >> leader men and women connell the republican senate majority have no right to fill it. no right. there is only one way one way for this chamber to retain its dignity that is for four brave senate republicans to commit to rejecting any nominee until the next president is installed. maria: joining me right now california congressman house minority lead kevin mccarthy al a pleasure thank you so much for being here this morning. >> thank you, maria. maria: what do you make of that? i mean here you have chuck schumer saying that the republicans have no right to fill the seat. the president just said it is
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his constitutional obligation. >> the president is right persistent is in the constitution. the sad part how far the democrats have gone. they rather dismantle nation than dignify constitution will do anything in pour to try to not follow it you watch what nancy pelosi -- she impeached the president during this cycle even though prior she said it had to be bipartisan it had to be overwhelming, she has destroyed what we know of the constitution in her way of governing because they want to dismantle they dislike outcome of last election president has responsibility supposed to move forwarded wait see who the individual is the president has nom nays amazing individuals to the supreme court, imagine this will be as well, why don't we put this whole campaign on, this is person qualified to fill the seat? it doesn't matter who nominates him is this person he or she qualified to sit on
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supreme court should be only question, you voted up and down. >> yeah, at this point, the implications there are really reactions to the implications i want to get your take on what the implication is to legislative agenda given there is no -- ninth voice on supreme court. is this going to be a longdrawn out process? what do we have a contested election? then why is ninth voice in the court? >> have that is another reason why it needs to be filled, you do not want sitting there with 8 we have watched what happened before cases were kicked out by 4-4 you waited whole 'nother year to come back through, i think especially critical time of where we are in this nation, you need a full supreme court whenever you have three separate branches you do not want to branch of government to be sitting in a 4-4 tie you want this watch of government to have all nine justices the way it is you designed.
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>> georgia congressman coulding guilt or innocence to go introduce constitutional amendment to prohibit supreme court packing democrats are threatening to back sprooment if if president nominates ahead of the election your reaction. >> it is sad that doug collins even has to propose it, where in the world did we think the democrats would want to do this? >> a lot of people say hearsay in commitment to america warned people the democrats whole agenda defunding police dismantling our nation not only do they want to pack supreme court they want new states in the union to make senate larger they believe they would he al hold majority in. instead of playing by riles they only want to change rules because they have failed they have lost it really comes down to the american people trusted the democrats to give them the majority in congress, name me one problem this democrat majority has solved.
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name me one result that you are proud of. they have done nothing but play politics, and that is what they're doing today. maria: well, you know, there is a report from cowen and company your take the policy analyst at cowen and company on wall street says about all this he says the risk for the government supported entities financial firms that democrats may sweep in november, that could then give them power to eliminate the filibuster eased four liberal justices supreme court make d.c. puerto rico states could add up to four new democrats in the senate. that would change the calculus for litigation and legislation. >> reaction. >> all decisions made upon politics. if you went four years ago probably the same headline that you would see, fortunately american people i trust them they spoke up we changed the direction, what did we get strongest economy we've ever had we can do that again made america in a -- as that stronger afternoon the
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world than any given time year going to do that again defeat this virus make streets safer secure because another part should have been brought into that report look sat dplat cities of what they are today why would you want about the that to go nationwide? there is no greater contrast any given time in election than this one not only do they want to change rules their ability to govern is the lack thereof, fear of what many of in their investment going forward. >> and voting has already will start 23 states sending out mail-in ballots by september 19, one of the reasons that you came out with your commitment to america, a lot of people talking about this, as it reminds them of contract with america that that newt gingrich came out, with so long ago. walk us through your commitment to america, why you have presenting new policy ideas now you said election days here. >> you are right 23 out of 50
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states will have absentee ballots by end of this week it is simple we want to restore way of live dwooeth covid having a vaccine that means, protecting preexisting kens owing lowering drug prices we believe in safe, secure neighborhood don't believe defunding police we say we will increase funding of police by 1.75 billion to police training community of playing 500,000 new body cameras, we believe up holdings constitution we believe in freedom of speech religious freedom we go in how do we rebuild this economy 10 mill paying nobodies through tax policies ending dependence on china i am looking forward to your book coming out talks a o let about this bringing jobs back to america then we think a about building,
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education system that allows the parents to send kids to the best school possible all ideas that as you build through that it will commitment that we make to america, and then if you compare that to what the democrats are o doing, about defunding police dismantling our way of life institution, in essence destroying our economy want to go raise taxes as well. maria: yeah, i am glad you mentioned school choice seems to me that this is such an obvious one for family, and women who want to see choice, they want to be able to send kids not right schools, and you have also in there that commitment -- as it relates to covid, talking about a vaccine, and where we could be over short term with a vaccine, right? you are expecting something by year sentenced. >> yes, we expect a safe and effective vaccine. one that has o gone through all a trials this is going now, i sat down with the doctor chief scientific adviser 14 vaccines through i
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feel very promising about where we are today than before end of this year there is some ceos talked about this think will happen october to be prepared for that vaccines across the nation, i think, shows the real difference to america that we did not create this problem, but we will solve it. maria: all right, we will leave it there congressman good to see you this morning. thanks very much. >> thank you, maria always great being on your show. >> turks congressman kevin mccarthy there we will be right back, stay with us. is if keeping your oysters business growing
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has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo maria: welcome back state of american sez department of justice identifying new york city seattle portland allows violence and destruction of property without appropriatecourt measures over 200 fatal shootings in new york city nearly double same time last year what does this
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mean for federal funding the the white house budget director radius great to have you this morning. thank you so much for joining us mayor de blasio needs 9 million dollars to fill his own budget hole what do you see in terms of revenue that needs to go to some troubled cities? >> thanks, maria for having me on mayor de blasio needs to ensure if he wants money to come to city of new york needs to skir, his area, he needs to provide safety and security, allow his police forces to actually function properly so people in those cities can be safe. this president is siding on behalf of this is individuals in new york city, seattle portland sharing that money is not going to cities that they are going to continue to work against federal law enforcement work against police forces in those cities to be able to secure those areas. >> they have been clear they want to defund police not telling you a story then doing something else they are doing
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exactly what they told you they would do. >> they have, and that is one of the reasons they ended up on this list we've had ongoing working relationships with many mayors across this country, these three in marker have particular unwilling to work with point of view to new left one of the reasons on this list as a result of it taking a look at every grant program in which we ares discretionary authority finding out where we can insert lawlessness as condition for grant programs make sure the funding does not go to those areas. >> so tell me russs when grants are poised to be most vulnerable. >> going through that review right now kind of things looking at community economic development program why allow hard-earned taxpayer dollars to go to a city that redevelop a community that is on fire? why would we allow public transportation grants to go to a city when buses meltro
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stopsr vandalized? looted, that is what we are as opposed the people in those cities are opposed, one of the reasons why we are this president is taking being this action. >> all right. let's take a look at country's own budget we know debt keeps rising today democrats released a bill, they released it yesterday obviously, to keep government open, being through december 11. this plan does not include white house request for farm aid or additional school lunch assistance, you know that democrats are hoping to vote as soon as this week what is the impact. >> yeah, we wish the speaker would stop playing politics with our nation's he farmers, quite frankly, this is not something that is new spending, all this is is a continuation a replenishing of fund that exists standard practice for continuing resolution so we are thrilled that the speaker's moving forward on a bill. both parties are committed to not having a government
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shutdown october 1st but vital that we embed the money for the farmers to be replenished in this account we don't think conversation is over we are going to work hard until that dlain deadline to secure resources important to make sure we are able to get out of the situation we face right now from economic standpoint and make the payments -- owed. >> look, director i understand that, but the congressional budget office has warned that federal debt will nearly double, gdp, by 2050, levels would crush previous records set following world war i, 22 trillion dollars in debt, you are talking about giving aid to the farmers airlines want money, a lot of groups want money restaurants want money can we keep giving aid out and blow off the fact that we are looking at debt and deficits rising at some point interest rates start moving this will be a problem; no? >> it will be a problem we
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don't think a problem right now, cbo very clear in their report yesterday about that but this president has always stood on behalf taxpayers and until the future, the report that came out yesterday, is 30 years economic growth 1.6% not something this president is going to stand for, not something will ever allow us to tackle our debt and deficits if only growing at levels of 1.6%, so this president wants to keep the economy growing the steps that we're taking taking right now to get the economy back to what it was the first 3 1/2 years of this administration to gets moving forward then we will be able to tackle where we've with regard to did he have devastate. >> fair enough this president tros priority is growth where we are going thank you so much. we'll be right back.
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maria: welcome back social media signing up voters facebook announcing that it has registered 2 1/2 million people for the 2020 election across all platforms, more than halfway to their four million voter goal announcement as facebook plans to hold a votathon live on facebook watch today, part of the national voter registration day daying oxygen social media companies be ones pushing to sign up voters. dagen: raises a huge issue about involvement this is voter registration, i just opened my instagram up popped register to vote in new york. and talking to people here in the studio they are getting the same thing despite the fact -- to vote already, i would think the bigger problem is facebook, and its platforms advocating for mail-in voting.
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because again you are driving people rather than telling them to go vote in person put ab mask on driving people to vote in a way that we have unprecedented volume of people will vote absentee ballot also vote by the mass mail-in ballots have been sent out in places like california nevada raises the issue i am sure senate congressional hearings about this in the next year particularly, if donald trump wins reelection. >> i mean there is the question to ask, lee, have these companies taken a financial -- facebook aside for a moment look at twitter, for example, twitter constantly attacking the president's tweets and they are, you know, censoring conversation according to many republicans, should she be stoking up voters registration encouraging people to vote when they are also encouraging them to vote democrat?
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i mean they have taken a side haven't they? >> truly interesting i think analyzing companies communication since covid one thing we noticed last two weeks huge rise in companies getting involved in the election whether giving people off the day of election whether talk beg voter registration one thing is very clear, a message coming through is i are going to give you time off to vote going to encourage you register built that means your voting for joe biden very very clear that it is planted that way when you analyze messaging and language i think what we're seeing right now companies are taking a stand politically, whether you like it or not, it is the way it is going everybody is going to have to make a decision what that means how they view the company, is it really saying we want you to vote we want you to be engaged or we want the election a certain direction how you gauge in the company that is up to you when you look at it but a lot of people indefinitely bent in language they are talking about.
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>> is this mark zuckerberg facebook tried to put a flag in the ground for freedom of speech more than other social media ceos and founders, and ceos in the technology world. he is standing up for the right for conservatives to speak their minds have political opinions, certainly more than twitter, who is seemsity increasing elie in censorship game. >> -- he is really -- unusual -- >> look at twitter, and instagram we will take a break inside supreme court battle white house chief of staff mark meadows here next. >> one beer company looks for cheap exploration safer find out how much they are paid to travel the country you are watching "mornings with maria" live on fox business. .
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maria: good tuesday morning thanks for joining us. i'm maria bartiromo.
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tuesday, september 22 we're hour away from the opening bell, markets this morning lower take a look 8:30 a.m. eastern on the east coast, and we've got dow industrials down 66, nasdaq up 38. the s&p 500 also, flipped into negative territory a while ago we are now looking at a mixed opening this morning standing by for testimony from treasure secretary mnuchin federal reserve chairman powell on capitol hill later today european markets this morning, are also mixed, we did have a gain overall for the european indices has sustained ft 100 up 22, dax up 92 shy of the highs of the morning in, europe, this uk is mulling another lockdown, as number of covid cases spikes, bars there will close early and more people are being encouraged to work from home, in asia overnight red across-the-board after he o sell-off on wall street yesterday market dragged down by lockdown fears legislative agenda uncertainty
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a banking sell-off, nikkei average closed for holiday, korea worst kospi down better than 2%, beta in u.s. landfall on upper texas coast cheryl casone with detail. cheryl: that is right, maria. good morning tropical storm beta unleashing heavy rains massive flooding drivers forced to leavecars submerged in party texas louisiana could see more than a foot of rain, beta ninth named storm to hit u.s. this year a record after 1916. meanwhile, hurricane teddy causing life-threatening rip currents along east coast up north to canada. >> expanding date empire microsoft will acquire gauge giant participant company for 7.5 billion dollars in crash
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responsible for fallout zoom elderly stroll stories, after microsoft announced two new consoles x-box series x, and xbox series, fmicrosoft motivated to make deal thanks to growing cloud gaming service, shares microsoft up more than 3/4 of one percent premarket. >> volkswagen reportedly in talks to sell luxury sports car for a bigger steak in about electric supercarmaker, porsche more than 15% croatian company, 49% bodybuilders according to britain car magazine not a big money make sure works wagon. >> a political wealthier over
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the supreme court vacancy will have the by justice ruth bader ginsburg, president trump meeting with he potential front-runner judge barrett yesterday will announce his pick to fill ginsburg's set too saturday democrats are calling for the nomination to wait until after election president trump spoke out on what joe biden potential supreme court nominees would look like yesterday in ohio. >> they don't want to show judges the only ones that he can put in are far left radicals. and if he does something even towards left of center, would be acceptable i guess -- we have no choice. if he did that he would lose the left so he has to put in radicals so he doesn't want to show who his judges are. he doesn't want to do that because if you found out who he was going to pick he would be unebb unlectable.
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>> mark great to have you back thanks for being here. >> good morning great to be with you, maria. >> i know the president said that he wants to name a woman, what are the characteristics that he is zeroing in on, as he makes this decision? >> o well, obviously, looking at this pick some would say is probably the most important decision that he would make other than sending our sons and daughters perhaps into conflict, and this is a pick that he is taking c xreem extreemly skers multiple conversations offer weekend as well as yesterday looking for one will uphold the constitution, look at those principles that are -- the bedrock of foundation, as a nation, and, and look at making sure that that court is one that does not make the laws that they actually just implement and interpret the laws, in the a fair and the
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constitutional way. >> mark you heard what the -- skeptics of the president have said your colleagues on the left democrats criticizing the decision to move forward with this nomination after declining to consider a dplakt nominee in 2016 chuck schumer says, now, we are calling four brave democrat republicans to commit to rejecting any nominee until next president is installed. mark, do you think they are going to be able to come emto a vote before the election? >> well, i -- that is leader mcconnell actually -- we were speaking with him on a daily basis multiple times, a day. -- is working with our -- our senate republicans, on -- exactly that question. i think the vast majority of americans overwhelmingly believe that it is this president's pick, and the vast majority that i talk to want someone confirmed before the election. i can also say that leader
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mcconnell is working very closely with senate republicans information we are getting i want to applaud all those senate republicans that are actually some of them very tough battles willing to engage to understand this president has constitutional responsibility and yet, to make this pick, and that they are willing to stand by him so i am encouraged we still have not made a decision, on the timetable, the leader will ultimately make that after we have the hearings and lindsey graham's judiciary committee but all engaged ready to get to work the president, as you have mentioned, plans to make that announcement this saturday. maria: let's just call it out because we already know that two republican senators have broken ranks, that is senator susan collins of a mini lisa measu
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measure. >> murk. owski of alaska. >> i would rather not talk about personal conversations with senators i can tell you that i am fully engaged will won't very optimistic if confirmation hearings in lindsey graham's judiciary committee with all those people that are already serious about being prepared to vet this particular nominee once she is named, about i fully believe we will have votes that he will be there whether before election or shortly after, i am confident that this person will get confirmed i remember be the next justice on the supreme court. >> but mark what are the implications of the vacant seat wall street markets sold off yesterday, because they think this is going to have a real negative impact of legislative agenda they said
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forget about cares 2 at this point house speaker nancy pelosi said in interview democrats hold out for biggers stimulus deal from president trump he is interested in printing his name on stimulus checks as house introduced a spending bill will keep government running until december 12u, mark you recently met with airline ceos additional stimulus for their sector are you going to be looking at things peace meal since we don't have overall package that can be agreed upon. >> we are willing to look at things peace meal you are right i did talk to a number of ceos for the airlines i think prudent thing for speaker pelosi would be put a package, on the floor that at a actually addresses that, and if we can address that, i think what you will see tens of thousands airline workers that get to keep their job so it is really -- on the desk of pelosi i do disagree slightly when you look at a
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confirmation process, that is really more senate driven, this stimulus package could be house driven we know that speaker pelosi is really in control of that, even though it takes the senate to help work on that, but she could work that just as well. so it is really critical that we start to look at piecemeal whether airlines or enhanced -- unemployment ppp for small businesses i think we could do that if we can't come to agreement on broader package she is all worried about stimulus checks that go out you the with the president's name on it we can pull that out pass the package right now is to my message to the speaker is if that is the only thing that is holding you up let's go ahead and get to work! . >> it is pretty extraordinary, though, mark, that you are constantly in battles over legislative agenda over the constitutional abolition that you have, how does one operate in that regard? i mean you have nancy pelosi out on sunday show this
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weekend saying she has lots of things in her arsenal there is a great james freeman on evidenced this morning saying there is i actually nothing in arsenal at all james freeman op-ed in "the wall street journal" what is your take what she said this weekend saying maybe we will move to impeach the president if he moves forward on -- on another appointment for the supreme court. >> well james freeman i haven't read his article but he is exactly right she has nothing in her arsenal other than political rhetoric all americans know only thing nancy pelosi democrat colleagues have been good at for the last several weeks is not taking action but yet speaking a lot of words as if they would. it is time to that they get to work. there is one person who is ready to do that and it is the president of the united states sits in oval office just behind me here, that is ready to get to work on behalf of people that are hushth from a stimulus standpoint but if we're talking about impeachment, impeachment, over
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him, actually doing his constitutional duty, boy, that is awful rich they love to pull out iword for everything and everything that will hunt a democrats in november haunt democrats in november. >> i haven't heard a word from colleagues on left about china behavior about the virus that was exporting from china they are blaming the president how he handled coronavirus no word china exporting this thing i haven't heard a word on criminality we know during organize 2016 election waiting on durham's investigation no comment whatsoever on fact we know a guilty plea from he devin clinesmith because he doctored e-mail used as evidence to spy on the trump campaign. >> well, if speaker pelosi and her democrat kellogg's were running against president xi would blame china all day long what we find is they want to place blame, on the president
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of the united states, for something that he honestly when we look back at this, china could have been so transparent we could have stopped a whole lot of this the president took action, because they didn't take action. and they just continue to throw it out, maria probably the bigger concern that i have is at what time is -- is the speaker of the house, and democrat house member when are they going to get serious about actually passing legislation? you know they have been in last week and a half they have done absolutely nothing. now we've got a cr coming up, in in it appears that we will be able to make a deal keep the government opening, are open there, but other than that, it is all been messaging bills that will ultimately expire the end of this congress and go absolutely nowhere. how about getting the work on behalf of the american people! >> that is a sad state of affairs frankly mark great to talk with you this morning
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thanks so much. >> great to be with you thanks, maria. the. maria: we will see you soon mark meadows stay with us. we'll be right back. and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. an extra 15% credit on car and motorcycle policies? that's great! that's 15% on top of what geico could already save you. so what are you waiting for? john stamos to knit you a scarf? all finished, jean. enjoy! thank you. i give. the stitch work is impeccable. it's just a double fleck pattern with a reverse garter stitch. no big deal.
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and your investment in the grayscale funds. go digital. go grayscale. maria: welcome back, the big business of cbd global cbd oil, consumer health market size valued 23.3 billion dollars in 2019 my guest teams up to produce a line of
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products for beauty health wlness kathy ireland worldwide chair kathy great to see you if you so much for being here. >> thank you, maria great to be back with you. thank you. >> tell me tell me about cbd i have heard so much about uses of cbd but your applying to it wellness i want to know more. >> well, absolutely. i mean we've found that there are so many components of it that do aid with so many, many issues and problems that people are dealing with from humans to pets to aches and pains controversy about cbd when we think about it we give our children grapes not wine products are without thc, incredible benefits from it, what i love about vertical wellness this is american company jobs they create a special emphasis towards our
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military veterans, and the work is extraordinary so we are getting great results there. . >> so, business and lifestyle, martha stewart launched her cbd line how do you feel about entering the market with this has it become a crowded field? >> well you know what maria we began in 1993 when we started our ramp of stock we made out of recycled soda pop bottles and hemp we are very familiar with it using it for a long time so it is -- it is a wonderful product, it is helping people in many different ways medical to beauty exciting, wonderful especially at this time maria when my goodness what a year 2020. has started out to be. to be able to work with businesses, and help them
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scale. we started in response to the pandemic, and just experiencing heartbreak of small businesses, suffering and big businesses as well. we started the kathy ireland small business network, and something that -- this is an effort to help businesses scale. and offers them marketing licensing, and now financial services and financial education, something we're announcing today, is our relationship with ubs will be available to all of our partners at small business network, and ouring bigger businesses we work with as well. >> is this i am so glad you are doing that kathy because you have truly he been a model of success in terms of small business for so many people look at you say how did she do that how was she able to create this incredible empire have such success with it based on your brands great taste in terms of the home
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goods, et cetera, great to see you next time we've got to go he longer wish we had more time send you our best regards kathy thanks for being here. >> great to be with you, maria thank you so much. >> kathy ireland joining us us stay with us. we'll be right back. give you my world ♪
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maria: one more industry to add to the list industrializing right now gyms struggling as states keep them on lockdown in new york, the losses maybity great to recoup kristina partsinevelos has more now on what is on the line, at gym industry kristina. >> like you said fitness under stream pressure the gym i work out at facing a lot of gyms what is happening capacity restrictions you have more cleaning staff, higher cost
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reluctant members don't want to come back for fear of catching creative, successness at this point so that led a lot to file for bankruptcy gold's gym to town sports operates new york sports clubs right behind me so latest news l.a. fitness hiring financial advisors to restructure debt they have 1.7 billion dollars debt say they are not going bankrupt unfortunately not fate of for other fitness centers we can show you on screen you've got gold gyms town sports 4 hour fitness fly we'll sports letting go of 1200 staff members closing all locations. since talking about lay-offs, it could potentially get worse there is research in the international fitness observatory survey over 7400 gyms across united states found they could estimating 70,000 jobs could be lost in
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the this industry within next year or so, this they estimated 10 plpdz has been lost gets worse 40% of the gyms they surveyed say they will not be able to financially survive next three months, that is why gyms are getting the creative taking a lot of classes outside, you see classes yoga, spinning classes outside a lot of people taking to streets to run so not even going to join any classes, while gyms are struggling you are seeing peloton continue to surge, sales higher, we have membership per quarter continuing to skyrocket, so much so even apple is getting in the game apple has launched their own workout only app called fitness plus, one major issue remains that is safety concerns, stopping people from going to the gym causing gyms to stay closed dug all of this back to you. >> tough situation kristina
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thank you so much, we are introducing you to the latest member of the "mornings with maria" team when we come back. here? nope. ♪ here. ♪ when the middle of nowhere... is somewhere. the all-new chevy trailblazer. ♪
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>> finally this morning we have a new addition with the morning with maria family meet miles logan hauser the lead senior producer, he is 6 pounds 9 ounces and 20 inches long, mom and baby are doing fantastic, congratulations rachel and andy, we send you our love, she did it with no drama, she worked until the last day, she went to the hospital, had a baby in six hours and welcome this beautiful precious baby. >> what a little peanut, we are so happy for them. >> congratulations, you are a superstar, "varney & company" begins right now. david asman in for varney. >> welcome miles,

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